LSBÍ

The Pension Fund of Búnaðarbanki Íslands hf. employees was previously called the Retirement Fund of Búnaðarbanki Íslands employees. When Búnaðarbanki Íslands was converted into a limited company on January 1, 1998, the fund was renamed to Pension Fund of Búnaðarbanki Íslands hf. employees. With this change, the state guarantee was abolished and the bank paid into the fund an amount that at the time was deemed sufficient to cover its future obligations. Today, fund members pay a monthly contribution of 4% of their salary while the employer contributes 14.4%.

The fund is a defined benefit fund, where the accrual of rights is 2.125% for each year in a full-time position. During the change on January 1, 1998, fund members had the option to either remain in the defined benefit fund or transfer their rights to a point-based fund and a private pension fund. After this selection, the fund was closed, and therefore no new members have joined the fund since that time.

LSBÍ er umhugað um persónuvernd og vinnslu persónuupplýsinga. Persónuvernd einstaklinga skiptir sjóðinn miklu máli og er lögð sérstök áhersla á að persónuupplýsingar séu unnar með lögmætum, sanngjörnum og gagnsæjum hætti. LSBÍ útvistar eignastýringu og daglegum rekstri sjóðsins, að undanskilinni framkvæmdastjórn, til Arion banka á grundvelli samnings við bankann. Nær öll vinnsla persónuupplýsinga fer því fram hjá Arion banka. LSBÍ og Arion banki koma fram sem sameiginlegir ábyrgðaraðilar á þeim vinnslum sem Arion banki gerir f.h. sjóðsins. Öll vinnsla persónuupplýsinga fer fram í samræmi við gildandi persónuverndarlög. Nánar um hvernig Arion banki vinnur persónuupplýsingar f.h. LSBÍ er að finna í persónuverndaryfirlýsingu Arion banka, hér. Persónuverndaryfirlýsingin tekur til allra sjóðfélaga sjóðsins og annarra sem kunna að hafa samband við LSBÍ.